Birdwatch Note Rating
2023-11-30 19:42:15 UTC - HELPFUL
Rated by Participant: 9BF673E34113E12ECA0CA650E0D50AB42CB3EBBE6070AE4383C55F0C4CCE284E
Participant Details
Original Note:
This is a misleading statement of what inflation is and ignores its long-lasting economic effects. The current inflation rate is 3.2%. This means prices are still rising, just not as fast. 3.2% is still 60% higher than the Fed’s ideal target of 2%. https://www.usinflationcalculator.com/inflation/current-inflation-rates/
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